Report: Daimler and Bmw deny ending cooperation talks

Article by Christian A., on August 26, 2010

Spokesmen of Daimler AG and BMW AG have stated that talks on a possible cooperation between them are ongoing. There had been speculations that the talks have ended without success.

In particular, Der Spiegel magazine said talks to expand cooperation beyond hybrid powertains and purchasing to engines and transmissions have been broken off.

A high-level manager was quoted to have said that there are "no new topics and no new meetings." Der Spiegel reported that many meetings have transpired between Daimler CEO Dieter Zetsche and BMW's Norbert Reithofer in the past year but nothing substantial came out of it. Nevertheless, a Daimler spokesman said that the company continues to talk to BMW.

No details were provided. Meanwhile, a BMW spokesman said that talks about a purchasing cooperation were still being held. Last December, Daimler said that it was talking to various manufacturers including Renault about options for cooperation.

What Daimler is discussing with Renault is a plan to help it expand the Smart minicar brand and its Mercedes-Benz A- and B-Class compact models. Renault is looking for a tie-up for a future range of low-cost city cars

Topics: daimler, bmw, partnership

If you liked the article, share on:

Comments

Recommended

Mazda seems too far ahead in Safety technology for having four of its vehicles chosen as the safest on the road. Very recently, the Insurance Institute for Highway Safety has...
by - June 22, 2017
The automotive world is intensely competitive given the growing number of players, but the British car manufacturer is adamantly holding on to its spot. The 2018 Jaguar XF Sportbrake, priced...
by - June 22, 2017
Audi’s all-electric supercar, the R8 e-tron, had been discontinued last October after being in the market for under two years. The electric vehicle was then exclusive to the European market...
by - June 22, 2017
Dodge has made it clear to everyone, including its potential buyers, that the Challenger SRT Demon is a street-legal drag car - that it is unlike any of your ordinary...
by - June 22, 2017
After a number of failed attempts, Tesla finally gets an Arizona dealership license by winning a court battle that allows them to sell directly to consumers. The automotive dealer license...
by - June 22, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries